31-year-old founder steers Direct Drive Tech toward Hong Kong IPO

In the final week of June, Direct Drive Tech cleared its listing hearing with the Hong Kong Stock Exchange.

For its IPO, Direct Drive Tech is seeking a Main Board listing in Hong Kong, with CITIC Securities as its sole sponsor. According to the prospectus, it plans to issue up to about 122 million H shares.

Unlike robotics companies that make complete robots, Direct Drive Tech focuses on robotic joints, specifically robotic direct drive power modules. These are integrated motion units that can produce torque directly without an external reducer. According to Frost & Sullivan, Direct Drive Tech is the world’s first and only company to ship more than five million such modules for consumer robots. In 2025, it ranked first in China’s consumer robot direct drive power module segment, with a 61.1% share.

Across China’s broader consumer robot power module market, however, Direct Drive Tech ranked only eighth, with a 2.4% share. The reason is simple: direct drive modules accounted for just 3.9% of that market. According to the prospectus, the unnamed market leader is a micromotor company founded in Dongguan in 2000. It held a 12.9% share, more than five times Direct Drive Tech’s share, and is not listed.